Shell to cut 6,500 jobs as oil price hits profits Royal Dutch Shell is to axe 6,500 jobs this year and step up spending cuts to deal with an extended period of lower oil prices which contributed to a 37% drop in the oil and gas group's second-quarter profits. Business • 04 Aug 15
Shell to cut 6,500 jobs as oil price hits profits Royal Dutch Shell is to axe 6,500 jobs this year and step up spending cuts to deal with an extended period of lower oil prices which contributed to a 37% drop in the oil and gas group's second-quarter profits. Business • 04 Aug 15
BP sees profit slump on oil spill charge BP's second-quarter profit slumped by nearly two thirds from a year ago as it grappled with lower crude prices and took a huge $10.8 billion charge related to the 2010 Gulf of Mexico oil spill. Business • 28 Jul 15
BP sees profit slump on oil spill charge BP's second-quarter profit slumped by nearly two thirds from a year ago as it grappled with lower crude prices and took a huge $10.8 billion charge related to the 2010 Gulf of Mexico oil spill. Business • 28 Jul 15
UK inflation figure turns positive again The UK's brush with negative inflation came to an end after just a month as it rose to 0.1% in May, official figures show today. Business • 16 Jun 15
UK inflation figure turns positive again The UK's brush with negative inflation came to an end after just a month as it rose to 0.1% in May, official figures show today. Business • 16 Jun 15
EasyJet shares dive on profit-warning EasyJet shares slumped today as the budget carrier said a strike by French air traffic controllers last month would hit profits. Business • 12 May 15
EasyJet shares dive on profit-warning EasyJet shares slumped today as the budget carrier said a strike by French air traffic controllers last month would hit profits. Business • 12 May 15
Lufthansa narrows Q1 loss, more cost cuts needed Lufthansa has narrowed its operating loss in the first quarter, helped by cheaper fuel, but said that further action was needed to lower costs. Business • 05 May 15
Lufthansa narrows Q1 loss, more cost cuts needed Lufthansa has narrowed its operating loss in the first quarter, helped by cheaper fuel, but said that further action was needed to lower costs. Business • 05 May 15
Aer Lingus Q1 loss in line with last year Aer Lingus today reported a first quarter loss broadly in line with last year, and said its forward trends were positive. Business • 29 Apr 15
Aer Lingus Q1 loss in line with last year Aer Lingus today reported a first quarter loss broadly in line with last year, and said its forward trends were positive. Business • 29 Apr 15
Topaz made €4.7m loss in year to March 2014 Fuel chain Topaz Energy made a pre-tax loss of €4.7m in the year to March 2014 as exceptional costs relating to its debt restructuring weighed on its balance sheet. Business • 18 Feb 15
Topaz made €4.7m loss in year to March 2014 Fuel chain Topaz Energy made a pre-tax loss of €4.7m in the year to March 2014 as exceptional costs relating to its debt restructuring weighed on its balance sheet. Business • 18 Feb 15
Lufthansa sees 2015 fuel bill dropping German airline Lufthansa expects the lower price of oil to cut its fuel bill for 2015 by 13% after the cost of hedging. Business • 12 Jan 15
Lufthansa sees 2015 fuel bill dropping German airline Lufthansa expects the lower price of oil to cut its fuel bill for 2015 by 13% after the cost of hedging. Business • 12 Jan 15
Aer Lingus hedges 90% of 2015 fuel requirements Aer Lingus has confirmed that its operating profit, before exceptional items, for 2014 would be ahead of the 2013 operating figure of €61.1m. Business • 08 Jan 15
Aer Lingus hedges 90% of 2015 fuel requirements Aer Lingus has confirmed that its operating profit, before exceptional items, for 2014 would be ahead of the 2013 operating figure of €61.1m. Business • 08 Jan 15
India's SpiceJet resumes flights after fuel row Indian airline SpiceJet resumed flights this afternoon after an agreement to pay cash for fuel purchases, hours after it grounded its fleet and stranded thousands of travellers. Business • 17 Dec 14
India's SpiceJet resumes flights after fuel row Indian airline SpiceJet resumed flights this afternoon after an agreement to pay cash for fuel purchases, hours after it grounded its fleet and stranded thousands of travellers. Business • 17 Dec 14
Motorists warned over contaminated fuel Motorists are being advised to only purchase fuel from trusted sources to minimise the risk posed by petrol stretching. News • 06 Nov 14
Motorists warned over contaminated fuel Motorists are being advised to only purchase fuel from trusted sources to minimise the risk posed by petrol stretching. News • 06 Nov 14
Ryanair shares soar after yearly forecasts raised Shares in Ryanair closed 7.7% higher after it lifted its profit forecast for the full financial year to between €750m and €770m from its original guidance of €650m. Business • 04 Nov 14
Ryanair shares soar after yearly forecasts raised Shares in Ryanair closed 7.7% higher after it lifted its profit forecast for the full financial year to between €750m and €770m from its original guidance of €650m. Business • 04 Nov 14
Euro zone retail sales much stronger than expected Euro zone retail sales jumped much more than expected in August, pointing to stronger demand from households that could help economic growth in the third quarter. Business • 03 Oct 14
Euro zone retail sales much stronger than expected Euro zone retail sales jumped much more than expected in August, pointing to stronger demand from households that could help economic growth in the third quarter. Business • 03 Oct 14
Boeing's plan to turn tobacco into jet fuel Boeing is working with South African Airways and a Dutch biofuel company to make jet fuel from tobacco seeds. Business • 06 Aug 14
Boeing's plan to turn tobacco into jet fuel Boeing is working with South African Airways and a Dutch biofuel company to make jet fuel from tobacco seeds. Business • 06 Aug 14
Muslim Brotherhood leader Badie jailed for life An Egyptian court has sentenced Muslim Brotherhood leader Mohamed Badie to life in prison, Egypt's ON TV said. News • 05 Jul 14
Muslim Brotherhood leader Badie jailed for life An Egyptian court has sentenced Muslim Brotherhood leader Mohamed Badie to life in prison, Egypt's ON TV said. News • 05 Jul 14
Carbon tax pushes up coal and briquette prices The price of a bag of coal is going up by €1.20 today, with a bale of briquettes costing 24 cent more. News • 01 May 14
Carbon tax pushes up coal and briquette prices The price of a bag of coal is going up by €1.20 today, with a bale of briquettes costing 24 cent more. News • 01 May 14
Fuel, telecoms pull down euro zone inflation Falling fuel and telecoms prices pulled euro zone inflation down to its lowest level in almost four years in October. Business • 15 Nov 13
Fuel, telecoms pull down euro zone inflation Falling fuel and telecoms prices pulled euro zone inflation down to its lowest level in almost four years in October. Business • 15 Nov 13
Air France-KLM writes off Alitalia stake Air France-KLM wrote off the value of its stake in Italy's Alitalia, casting doubt over its willingness to invest further in the struggling carrier. Business • 31 Oct 13
Air France-KLM writes off Alitalia stake Air France-KLM wrote off the value of its stake in Italy's Alitalia, casting doubt over its willingness to invest further in the struggling carrier. Business • 31 Oct 13
CPL Fuels to create 142 new jobs in Limerick CPL Fuels is to create 142 new jobs in Limerick by 2015 as part of a €20 million investment in the county. Business • 14 Jun 13
CPL Fuels to create 142 new jobs in Limerick CPL Fuels is to create 142 new jobs in Limerick by 2015 as part of a €20 million investment in the county. Business • 14 Jun 13
Retail sales slow by 1.7% in January New figures from the Central Statistics Office show that the volume of retail sales fell by 1.7% in January compared to December. Business • 28 Feb 13
Retail sales slow by 1.7% in January New figures from the Central Statistics Office show that the volume of retail sales fell by 1.7% in January compared to December. Business • 28 Feb 13
Illegal fuel selling operation raided in Co Meath Officers from Revenue's Customs Service raided an illegal fuel selling operation near Dunboyne, Co Meath, today. News • 28 Nov 12
Illegal fuel selling operation raided in Co Meath Officers from Revenue's Customs Service raided an illegal fuel selling operation near Dunboyne, Co Meath, today. News • 28 Nov 12
Egypt ends fuel subsidies as part of IMF deal Egypt's cabinet has approved the ending of subsidies on 95-octane petrol and said it would set quotas for the sale of other subsidised fuel from April, the planning minister said. Business • 21 Nov 12
Egypt ends fuel subsidies as part of IMF deal Egypt's cabinet has approved the ending of subsidies on 95-octane petrol and said it would set quotas for the sale of other subsidised fuel from April, the planning minister said. Business • 21 Nov 12
New York fuel rationing to remain until Friday Fuel rationing in New York City will extend at least through Friday, Mayor Michael Bloomberg has said. News • 18 Nov 12
New York fuel rationing to remain until Friday Fuel rationing in New York City will extend at least through Friday, Mayor Michael Bloomberg has said. News • 18 Nov 12
Inflation rises to 2% as summer sales end Figures from the Central Statistics Office show that inflation rose to 2% in the year to August, as consumers paid higher prices for petrol, diesel, clothing and footwear. News • 13 Sep 12
Inflation rises to 2% as summer sales end Figures from the Central Statistics Office show that inflation rose to 2% in the year to August, as consumers paid higher prices for petrol, diesel, clothing and footwear. News • 13 Sep 12
Revenue defends Target Express action The Revenue Commissioners has defended its enforcement action in the case of Target Express, which ceased trading yesterday with the loss of 390 jobs. News • 30 Aug 12
Revenue defends Target Express action The Revenue Commissioners has defended its enforcement action in the case of Target Express, which ceased trading yesterday with the loss of 390 jobs. News • 30 Aug 12
